Trading Tech
Lucena Raises $1 Million Funding Round
Atlanta, GA-based decision support analytics provider Lucena Research has raised $1 million in a recent funding round to support "rapid expansion" of its cloud-based QuantDesk predictive analytics platform.
Updata, Trading Technologies Ally for Chart-Trading
Derivatives traders can now execute orders directly from charts and strategy back-testing tools within UK-based technical analysis software vendor Updata’s Professional analytics suite, using routing technology from Chicago-based trading software…
HFT Profits Down as Concerns Grow
At the recent Tokyo Trading Architecture Summit, Neil Katkov, senior vice president of the Asia region for Celent, laid out the state of high-frequency trading (HFT) in the US and discussed what might lie ahead for Japan.
GSO Capital Partners Turns to SS&C for Form PF Filings
GSO Capital Partners only began outsourcing its regulatory filings once Form PF came around. The performance of SS&C GlobeOp in handling that filing may prod GSO to hand over others.
May 2014: Regulators’ Arbitrary Line in the Sand
The high-frequency trading debate is raging, thanks to Michael Lewis' Flash Boys. But Victor says the answer is not to rely on regulations to ensure fairness.
Max Bowie: Does HFT ‘Debate’ Detract from True Tech Innovation?
HFT has been grabbing the headlines, but, Max wonders, is it merely hijacking the limelight from companies that deserve greater recognition for new developments?
Investment Banking Platforms Set to Become More Social
As regulations continue to reshape the global financial marketplace, single-dealer platforms are being forced to rethink how they operate. Influenced by ever-increasing consumer use of technology and social media, and determined to put their clients in…
ConvergEx Completes Actant Integration
The global brokerage services provider says its LiquidPoint options technology business has completed software integration with high-performance trading solutions vendor Actant
YCharts Splits Charting Capabilities, Preps Expanded ETF, Mutual Fund Data
Chicago-based fundamental data analysis platform provider YCharts has released enhancements to its charting capabilities, and is planning to add further capabilities and content in the coming weeks and months to broaden its appeal to existing and new…
First Derivatives Launches Delta Tools for Calypso Platform
Software and consulting services provider First Derivatives has launched Delta Tools, a suite of monitoring, testing and application management tools designed for the Calypso cross-asset trading platform.
London Metal Exchange Insources IT
The London Metal Exchange (LME) has announced that it has brought its previously outsourced IT team in-house.
JPMorgan Expands UK South-Coast Facility Investment
JPMorgan Chase has announced a $48 million investment in its Technology and Operations Center, located in Bournemouth, UK.
Markit Names Eisen to Lead Collaboration Services
Markit has appointed Andrew Eisen head of Markit Collaboration Services, the vendor's open messaging network initiative that allows financial professionals to communicate and share information across any messaging platform.
SSGX Aligns Trade Execution and Clearing, Adds Corporate Bonds
State Street Global Exchange (SSGX) says it has now aligned its trading and clearing solutions for its Currenex foreign exchange (FX), futures, and fixed income services, with newly-included fixed income intermediation for electronically-traded…
SmartTrade Technologies, FXSpotStream Ally for 4XBox
FXSpotStream, a consortium-owned multi-bank foreign exchange price aggregation service, has partnered with trading systems provider SmartTrade Technologies to launch 4XBox, a joint offering that combines SmartTrade's smart order routing, order and risk…
ECJ Rejects UK’s Appeal on Financial Transaction Tax
The debate on the European Financial Transaction Tax (FTT) was reignited today as the European Court of Justice (ECJ), the highest court within the EU, rejected the UK’s action against the introduction of the controversial tax, also called Tobin Tax,…
After Adjustments, Aequitas Still Set for 2015 Launch
Given the public opprobrium that surrounds high-frequency trading (HFT) at the moment, it’s easy to forget that some firms have been talking about the issues described in Michael Lewis’ book, Flash Boys, for a while now. One of those is Aequitas…
SEI Selects SmartStream for Reconciliations
Fund administrator SEI has selected SmartStream for a joint project that will create a single reconciliations utility within the firm.
The Roadblocks to Investing in Innovation
In part three of a three-part series, members of Japan's trading community discuss the decisions they have to make about what to invest in, and what will have to wait for another day.
Australia's Largest Custodian Picks Eagle for Performance Measurement
National Australia Bank’s (NAB) Asset Servicing business has deployed the performance measurement tool from Eagle Investment Systems to service its 70+ asset management clients’ investment performance measurement requirements.
DTCC Adds Trade Reporting for Australia, Singapore
The US Depository Trust & Clearing Corporation (DTCC) has announced the extension of its Global Trade Repository (GTR) service to Australia and Singapore.
Swift Launches Compliance Analytics Tool
Messaging provider Swift has announced the launch of Compliance Analytics, a tool that helps banks in monitoring and dealing with financial-crime risk.
Eze Castle Integration Links with SunGard
Eze Castle Integration (ECI) has announced that its UK buy-side clients using the ECI Link Private Network will now have access to the SunGard Global Network (SGN).
Volant Expands Execution Services through REDIPlus
Market-maker Volant Trading has rolled out extensions to its execution services for options traders, allowing them new capabilities through the REDIPlus execution management system (EMS).